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Posted on April 29, 2024

Top 10 property deals in Cyprus

Limassol recorded the most expensive property sale in March, with a cluster of regions also making it into the Top 10. According to Ask Wire, a company that merges real estate sector expertise with …

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Posted on April 28, 2024

Cyprus government and banks piling-up cash

They could do more to support economy and citizens Over the last two years the Cyprus government has produced mounting surpluses and boosted substantially its cash balances at banks. And during the …

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Posted on April 27, 2024

UPDATE 1-Gaza aid from Cyprus resumes after pause following aid worker killings

Aid shipments to Gaza from Cyprus resumed late on Friday, a Cypriot source and a UAE official said, with a ship carrying food to the besieged Palestinian enclave after a pause following Israel’s …
Posted on April 27, 2024

UPDATE 1-Gaza aid from Cyprus resumes after pause following aid worker killings

Aid shipments to Gaza from Cyprus resumed late on Friday, a Cypriot source and a UAE official said, with a ship carrying food to the besieged Palestinian enclave after a pause following Israel’s …
Posted on April 27, 2024

Cyprus residents’ bank deposits rise by €318.5 million

The Central Bank of Cyprus (CBC) on Friday reported an increase in both loans and total deposits within the Cypriot banking system for March 2024. According to the CBC, liquidity, measured as the …
Posted on April 27, 2024

Cyprus residents’ bank deposits rise by €318.5 million

The Central Bank of Cyprus (CBC) on Friday reported an increase in both loans and total deposits within the Cypriot banking system for March 2024. According to the CBC, liquidity, measured as the …
Posted on April 27, 2024

Bank of Cyprus issues €300 million green bond — 120 institutional investors express interest

The Bank of Cyprus on Thursday announced the successful launch and pricing of €300 million in green senior preferred notes under its EMTN Programme. According to an official announcement by the bank, …
Posted on April 25, 2024

Cyprus property market continues to be sustained by foreign buyers

External reasons, combined with Cyprus’ economic conditions, are affecting both local and international demand in the local property sector, according to Michalis Tsangarides, director of Delfi …

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Posted on April 25, 2024

Hellenic Bank confirms talks to acquire CNP Cyprus for €182 million

Hellenic Bank on Thursday announced that it has entered into exclusive negotiations and a put option with CNP Assurances for the acquisition of its subsidiary CNP Cyprus Insurance Holdings Limited, …

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Posted on April 21, 2024

Solving the affordable housing crisis in Cyprus

The key pillars of development, financing ownership and governance of affordable housing explained By Erol Riza Cyprus, like many other EU countries, faces a socio-economic problem of a shortage of …

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